NIFTY not able to sustained at Higher Levels

Days High - 16945

Days Low - 16652

Close - 16671

Closing below 16750 not Good

GAP UP NOT Sustaining

TIME TECHNO

Days High - 108

Closed 12% 🆙 @ 103.80

Many Query Yesterday on can we see 2018 kind of Fall in markets in Midcaps & Smallcaps ??

2018 fall was due to LTCG & Many shell cos (listed) used for LTCG Creation

2018 was a combination of multiple distributions and then the Sebi Rule of midcap smallcap, thing which made many MFs sell their small and midcap holdings and economy also went down

Now with multiple PMS playing in that space and no such SEBI Rule,we might not have such a bad fall unless we hit recession

But markets are supreme,what can be the Reason for next Biggest Dragdown know one Knows ?

Those who have started investing after the covid crash feel 30-50% cagr or higher is easy because they havent seen a bear market yet. 2018/ 2015 - 2016 / 2012 - 2013 / 2008/2005/2003

But someone who has been in the market from above years know what bear mkts are....

Experience Teaches you All Things

RISK MANAGEMENT IS EVERYTHING

Don't do fresh selling at present levels we are expecting recovery from these levels though Recovery won't be that Great

When All Fear

Time For Buying

But wait for Levels

Swing Trades only currently....stock specific...play only if You know how to play...

Won't Give stocks as volatility is much higher

Nifty lows - 16383

Can we see 16490/16570/16650/16700++???

Stock where we are bullish in longterm

2501 lows

NIFTY

VIEW GIVEN LONG BACK

Concentrate on this things if Adding anything for longterm

Global Bloodbath
everything is red

Are we Going into Bear markets??

Risk Reward wld be more favourable around 15500 - 16000 zone.

Stocks are Hammered like No Tomm

Stock specific moves wld come going forward in coming Days

Catch stocks that gave Great numbers....and where there is good Growth visibility....they wld be 1st To bounce back soon

Swing Trades
Medium term Trades
Longterm Trades

Play as per your preference

Apply Risk Management # Most Important # Plan your Trades

We can see Trend Reversal in next few session or in next 1 to 1.5 month

FY22 Expected EPS of Nifty #
780 approx

20times = 15600 ( our wroste case zone)
19times = 14820 (Good Buy zone)
18times = 14040 ( Great Buying zone)
17times = 13260 ( Has to be Lucky To get this zone)

Now you decide your levels of buying...


P.N - This is not buying or Selling Recommendation. Only for study purpose only. Consult your financial advisor before investing or taking any position based on above article.

Jaadu stocks

DENORA 5% UC
Shilchar Tech 9% 🆙
TIME TECHNO STABLE ABOVE 100

On Lighter Note

New Rule ...

1) PAN CARD
2) CARDIOGRAM
3) BP-GRAPH
4) Medical Fitness certificate.

Must, If U want 2 Trade in Stocks..
😝

Still More Pain Left in Nasdaq??

24% Correction Done Till Now

If we Go buy Median & Average


Possibility of 8% To 10% Lower + Time wise correction



Let's C

16090/16000 levels can be levels for Bounce possible

Resistance @16500/16600
Support @ 16000 - 15700

We can see Short covering Rally in this week

Correction in indices from 52 week highs :

Reality 27.2%
IT 22.1%
Financial 19.6%
Media 19%
Consumer Durables 17.9%
Bank 17.3%
Pharma 14.2%
Auto 13.4%
FMCG 11.3%
Metals 11.1%
Energy 3.3%

Any Reason why markets would fall more from current zone of 16150 its already in oversold zone

Shorting not favourable currently...Don't short

If any1 looking for Delivery Based Buying in sip shld start slowly

Currently it's free fall in nifty
But strong stocks wld be 1st To bounce back

Feb - March lows on nifty @ 15626 shld Hold and can ACT as strong support zone

This time bounce won't be that strong & one way the way we saw last time from 15626 to 18300

Time wise correction is there

AWL

611 💔 Lower Circuit

322/390 To 843 Gave Good Returns

Now again Time wld come to play & Add up

Would UPDATE

Nifty I.T Index

Days Low -- 30020

Another 5% To 10% Fall in I.T Index@ 28500/27000 would make I.T stocks more Attractive

Many Debt Free
High ROCE & ROE
$ AT ATH 77.50
No Corporate Governance issues

Longterm Wealth creator

Select Your Stock Smartly

There are corrections
every Qtr/Half yrly & Yearly

Stock which Delivers Earnings Growth outperforms Markets

This Trend is From Longtime

Those who understand Buys Strong stocks or Resuffle portfolio on panic & few sell on panics